A solution to traffic jams breaks the investment jam.
America and the World
More Like Them?
The Japanese economic system violates many of the basic principles of the Adam Smithian economics. Instead of crying “foul”, maybe we need to learn how and why Japan’s model works.
Shock Absorber: Stabilizing World Oil
In the wake of the Gulf War, now is the moment to create a new framework for oil—and for international economic security.
Can the European “Social Market” Survive 1992?
What will happen to Europe’s high labor and environmental standards as the European Community creates its single continental market? The example of European regulatory federalism, bolstered by stronger political parties and trade unions, may be instr
Collateral Gains
Even before the jubilation in Kuwait City died down — indeed, even before the Gulf War ended in a decisive allied victory — many who warned that the war would go badly were warning that the war’s aftermath would go badly. That is a safe prediction. No one has ever won a nickel betting on […]
They Are Not Us: Why American Ownership Still Matters
You don’t have to be a Japan-basher to want American-based firms to thrive. As long as separate nation-states do business by different rules, it isn’t One World yet.
The New Industrial Culture: Journeys Toward Collaboration
The competitiveness of the U.S. economy depends on changes inside firms, particularly their willingness to take risks in reshaping four key relationships. Competitiveness, it turns out, depends on new kinds of collaboration.
Rejoinder: Who Do We Think They Are?
Ever since I argued in the Harvard Business Review last year that we should pay less attention to corporate nationality and more attention to whether our nation’s work force was gaining the skills and competences it needed to compete, I’ve had the curious sense of being shoved — quite against my will — to the […]
Dubious Crusade: The Push for Agricultural Laissez Faire
The Bush administration is pushing an international agreement to do away with agricultural subsidies. But we have never practiced—for good reason—the policies we are preaching to others.
Beyond the Guns of August
At this writing, American and Iraqi forces still face each other warily across the Saudi sands. Sooner or later, Iraq will likely have to reverse course. But beyond the question of how and when the immediate military crisis will be resolved, the Iraqi annexation of Kuwait has given momentum to the development of a post-Cold […]
